A mid-sized Mumbai developer is positioning itself at the centre of what could become one of the city’s largest redevelopment cycles. Keystone Realtors Ltd, known for its Rustomjee brand, is building a substantial pipeline that may reshape its growth trajectory, even as financial performance lags behind operational momentum. With a
The Panvel Municipal Corporation (PMC) has approved a range of infrastructure, healthcare, and civic initiatives aimed at strengthening urban services, while postponing a key proposal related to action against encroachments. The decisions were taken during a general body meeting held on Friday at the Adya Krantiveer Vasudev Balwant Phadke Auditorium.
Mumbai’s long-stalled monorail project is moving toward revival, with Maha Mumbai Metro Operation Corporation Limited (MMMOCL) awarding the Operations and Maintenance (O&M) contract to Power Mech Projects Ltd. The Letter of Acceptance (LOA) for the contract was formally issued on April 8, 2026, marking a key milestone in efforts to
India’s housing market, particularly in Mumbai, may be entering a new phase as changing economic conditions begin to reshape demand patterns. Real estate analyst Vishal Bhargava has indicated that the recent dominance of larger homes could give way to renewed interest in more affordable housing formats. Data shows that new
Efforts to maintain public spaces developed along Mumbai’s key water pipeline corridor have been put on hold after a civic panel declined to approve a proposed Rs 7 crore maintenance contract. The decision has brought attention to broader issues surrounding the long-term management of infrastructure-linked public spaces in Mumbai. The
Rising air travel demand in the Mumbai Metropolitan Region could necessitate the development of a third airport, according to B V J K Sharma, CEO of Navi Mumbai International Airport. Speaking at the Airport 360 Expo, Sharma highlighted the growing gap between passenger demand and available infrastructure, stating, “There is
Work on the Sewri–Worli connector is set to gain momentum as demolition of the last remaining obstruction—the Haji Noorani building—has been scheduled to begin from April 27. Authorities have directed all 23 occupants, including 17 residents and six shopkeepers, to vacate the premises by April 24. The structure is the
The Government of Maharashtra has intensified efforts to upgrade coastal infrastructure, with Fisheries and Ports Minister Nitesh Rane instructing officials to speed up work on the Mandwa Marina Jetty and undertake urgent repairs of the Revas–Mandwa passenger jetty in Alibaug. The directions were issued during a review meeting at the
The City and Industrial Development Corporation has issued Expressions of Interest (EOIs) for Phase 1 of a proposed Integrated Logistics Park (ILP) in Navi Mumbai, signalling a move to strengthen the region’s role as a logistics hub. Planned across nearly 374 hectares near Chirle village in the Pushpak node, the
The Mumbai Metropolitan Region Development Authority has reported steady headway on the Atal Setu–Mumbai–Pune Expressway connectivity corridor, with construction progressing across multiple components of the project. According to official updates, foundation work has been completed at 143 out of 176 planned locations. Pier construction has reached 141 sites, while pier
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